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CoinEx Offers Emergency Aids to Filipinos Affected by Typhoon Rai as A Gesture of Goodwill

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Recently, Typhoon Rai hit the Philippines and to assist in disaster relief, CoinEx has offered emergency aid to disaster-stricken areas. As one of the strongest storms the country witnessed in 2021, Rai has brought strong winds, heavy rainfall, as well as floods. On December 31, 2021, the Philippine National Disaster Risk Reduction and Management Council (NDRRMC) briefed that Rai had affected 4.45 million people in this country and damaged more than 530,000 houses.

CoinEx dispatched support teams to the three worst-hit areas, respectively Southern Leyte, Cebu, and Negros. Sparing no effort in supporting disaster relief in the country, CoinEx also provided emergency assistance donations for local rescue organizations. Each support team consisted of 20 members. Soon after Rai hit the country, they prepared and distributed the relevant supplies to locals who need them the most.

On 6th and 8th January , the support teams visited locals in areas hit by Rai and distributed a total of 300 supply packages that included rice, noodles, sardines, water, bread, biscuits, and other daily suppliers. Apart from the provision of emergency supplies, CoinEx also gave a $10,000 emergency donation to the local government and spared no effort in supporting disaster relief in the country.

CoinEx’s assistance to disaster relief in the Philippines fully reflected its mission of “Via Blockchain, Making The World A Better Place”. CoinEx always committed to its social responsibilities, has been actively involved in various charitable causes and held charitable events around the world. With a loving heart, CoinEx has been doing its utmost to give back to society and extend a helping hand.

As a world-leading crypto trading platform, CoinEx will continue to perfect its products and provide users with the best services. Meanwhile, it will also keep sending a positive message and engage in more charitable events. Aiming to give back to the public and its global users, the exchange will strive to take on more social responsibilities while calling on more people to contribute to charitable causes.

Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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Cronos collaborates with KYVE to revolutionize Blockchain Data

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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.

The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.

KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.

The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.

Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.

Source: cryptonewsz.com

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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